Former Eskom contractor Michael Harry Lomas arrested on April 15 in London has been granted a bail fee of over £100,000 and has paid a further £250,000 as surety at the Westminister Magistrate’s Court in the UK.
He has also been ordered to handover his passport and South African ID to the police, adhere to curfew between midnight and 6am daily and his curfew conditions will be electronically monitored.
As part of his bail conditions, he is barred from going to any international travel hub – ferry port, railway, or airport.
He’s expected to make himself available to a stipulated police station at stated times and days and he may not apply for international travel documents or be in possession of any such documents.
The Investigating Directorate said Lomas’ arrest meant the UK authorities could now begin his extradition process to South Africa in earnest.
Investigating Directorate head advocate Hermione Cronje, said it was a step in the right direction.
“Our main focus this year is dealing with corruption in Eskom and Transnet, we will do so with vigour to ensure that those implicated account,” she said.
Lomas who is wanted in South Africa in connection with Tubular Construction Projects worth over R745million was arrested after months of talks between the South African and the UK authorities.
This transaction exposed the state-owned entity to R1.4bn price escalation of the contract.
ID spokesperson Sindisiwe Seboka said Lomas who was indicted along with four others is expected back in court on June 1.